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Claims and 21 million continuing claims better than the week before. But still incredibly bad on an absolute basis same thing with the stock market we get crushed today sell, sell, sell. Obliterated wrong. Once again, the averages spent most of the day well into the black despite still more hideous macro data either we sold off the end of the session, dow 148 points, s p falling 1. 2 nasdaq easing 4. 6 , again, the market was up most of the day. The climb were about the incredibly weak labor market what happened when we heard the claims numbers right from the oechg . There is fear actions the president might take against tech because of his anger about social media and the president s plans for punishing china over hong kong, punishment that could reverberate to our own companies that do business there so then why did the stock market open up big when those hideous figures at this point its become a cliche to insist that wall streets tote lit disconnected from main street. After all, how else could stocks go up when we have 21 million americans on the dole, worst Unemployment Rate since the Great Depression honestly, you know what, this point is beside the point. The market has not been strong since the layoffs began in earnest because investors are indifferent to the economy, its rallying because investors are actually bullish about the future of the economy. Let me lay it out for you. First there is a new cohort of stock buyers who recognizes were not replaying the Great Depression here. The policy makers are too good, the situations are analogous there was no safety net when the Great Depression got rolling the banks went belly up. The money in your account, it disappeared. Corporations had no liquidity. Unemployment insurance, it didnt even exist. This time weve got the fed printing enough money, pretty much guarantee that publicly traded companies will have a shot at raising capital through the bond market. Billions of others in loans, a bond issuance, anything, anything that moves and a lot of that was only because fed chief j. Powell came out and said heed be willing to buy Corporate Bonds of temporarily Distressed Companies that were actually Good Companies before the pandemic powell knew his history. He depth want the bond market freezing up. And just by saying those words he saved the day thats why only one major publicly traded company has filed for bankruptcy, hertz. Of the trillions of dollars that were at stake. Second, the 2. 2 trillion stimulus package has had a huge impact those onetime 1200 payments, the pay out, you might have gotten one 600 a week in unemployment benefits, theyve given the consumer a lifeline. When you look at the highquality retailers that cater to more frugal shoppers, high quality, auto zone. Burlington, dollar general, dollar tree might have seen them earlier this morning they reported phenomenal numbers despite expectations all the stimulus money has been keeping us afloat. Let me put this it this way. When the fed spends trillions to help the economy and the fed prints trillions more, it will help people didnt think so third, many people now believe that the worst of the pandemic is indeed behind us. If you live outside of one of the major hot spots, its only natural to assume the he will extreme lockdown was an overreaction there is an emerging sense we have covid contained and that means the Business World can go back to normal im not totally sold as a Small Business owner i know most of these Smaller Enterprises rely on crowds remember that word, to succeed their margins are too thin to thrive without large throngs of people even though most of the country is reopening, big gatherings are still off the table. Serious problem. The bulls have made you the most money since the market bottom in march, some 7,000 dow points ago. The bulls are still in charge or were until 2 45 today. Fourth, a vaccine. Not too long ago the contentions among Public Health experts was there was no way to develop a vaccine fast enough to save the economy. The last vaccine was four years for the mumps. Now, weve never been in a situation like this before nearly every single Major Pharmaceutical Company on earth is working on something to combat covid, along with a ton of smaller biotechs. Thats unprecedented big pharma executives tend to be a pretty cautious lot. So when we hear mercks ken frazier talking about the mere possibilities of a vaccine or talk about how something is workable in billions of doses by early next year, that means something, or should if we get a vaccine sooner than expected, thats the whole ball game put it all together, you can understand why so many Retail Stocks caught fire in the last week, a lot of them alltime highs. Thats the whole basis of the american rally why the heck dont people believe it what makes the market strshlt so confusing . I think its because of a third v, not the vaccine not the vaccine, not the vanquish for buyers. Im talking about the vshaped recession. Jamie diamond, c. E. O. , perhaps financier in the world, sharpd vshape recession. Thats a quick downfall by equally rapid turn around. If the economy takes us back to where we were before the pandemic, which by the way was a real guide place a vshape was considered a long shot, maybe even fanciful. But overnight it became the prevalent view, and thats the rocket fuel behind this weeks incredible rally until the last hour of the session. Now, you know the mentality that produced this move, but there is one problem. I dont know if i can be completely convinced oh, id love to have a rapid vshaped recovery. Everybody would except for the short sellers. Be phenomenal. Unfortunately i think the v is theres been too much carnage between small and medium size operations that form the backbone of americas economy and job creation Many Companies are doomed by social distancing because they were deemed nonessential they cant wait it out for the vaccine. One key part of the lockdown, most states placed a moratorium on evictions and debt collections. As we reopen the economy, those protections are going to go away if your business captain make bread, youre toast. I think the v for victory crowd may have gotten ahead of itself. Were in for a rough ride even though its not the end of the world. Why own stocks because i never stop reminding you we have a new economy, one based on Nimble Technology and health care companies. They were not essential. Financial Technology Companies like paypal, theyre taking over the world. Were going to speak to paypal in a moment. Thats why i think you have to stick to the work from home place. We spoke to workday last night after they went up these stocks have been up. A lot of them have fallen out of favor this week. I think its temporary its a new market, a new economy. The fed learned from the mistakes in the past which is why the market has been able to roar the past couple months. Once the Stimulus Program runs out of money, im betting wall street gets sanguine about the future some of these great gains could be throttled back by reality lets go to conner in california conner caller hows it going, jimmy chill . Its trying to chill. Had a rough couple of days whats up . Caller thanks for taking my call and for all your great advice thank you caller i know youre a huge salesforce fan i wanted to get your thoughts on nsgs we like it. The parts are worth more than the whole. I have to tell you the sports fans are lined up. We had them on last week, draft kings, the reopening of sports a little too hot for this guy, but i understand the bulls story. Lambrose in new york lambros. Caller booyah, jim my question is about the Airlines Airline stocks are coming off their lows as the economy reopens. Right caller would you consider delta a buy right now . The only one im actually willing i like gary kelly hes the c. E. O. Of southwest symbol luv i have not a fan of the Airline Business these days. Too many issues, but southwest is the one if you want to go is that your ma there . I like young people. I like young people, thats kind of a generalization. Its a new market and a new economy. Wall street may get less sanguine, and they seem to in the last hour. But the markets been able to roar from 18,000 at the end. On mad money tonight, during the coronavirus pandemic, cash is out and touch screen payments are in you want any covid cash . Sold to you. Im talking to paypal to see how its helping with the trend. Why weight lifting could be the key to this market, although one may be in balance. And im sitting down with salesforce c. E. O. Mark benioff after earnings stay with cramer announcer dont miss a second of mad money. Follow jimcramer on twitter have a question . Tweet cramer madtweets. Send jim an email to madmoney cnbc. Com. Or give us a call at 1800743cnbc miss something ado dmeynbcohe tmaon. Cc. M. For business as usual. Or is it . What if business as usual means putting people first. And understanding their needs . If thats your business. 365 days of every year, then business as usual is precisely what these times require. Which is why your lexus dealer will do what weve always done. Put you first. Find out how we can service your individual needs at lexus. Com peoplefirst. But when allergies and congestion strike, take allegrad. A nondrowsy antihistamine plus a powerful decongestant. So you can always say yes to putting your true colors on display. Say yes to allegrad. As america reopens for business, we need to remember that the world has changed some of these changes are here to stay. The c. E. O. Of microsoft said weve seen two years of Digital Transformation earlier this week we spoke to the c. E. O. Of intuit he said its like shotgunning five years of time consider the case of paypal. Thats the cramer fave Payment Technology company for years ive been recommending this Amazing Company as a play on the gradual digitization of payments then the pandemic hit, then vinmo Payment System was more attractive paypal lets you pay with your smartphone in person no handling cash or credit cards that could be covered, yes, in coronavirus. Now, when the Company Reported earlier this month, the actual results were not as stellar as people were looking about but thats because the whole economy shutdown paypal explained business picked up in april in a big way the company added 250,000 net new accounts per day last month, and may 1st was their largest single day of transaction. No wonder the stock caught fire. One of the investment performers, its been amazing. Lets check in with the president and c. E. O. Of paypal to get a better sense of how the company is handling the bizarre new world. Welcome back to mad money. Jim, so nice to hear your voice. Thank you for having me. Dan, this is an amazing time for your company and i want to congratulate you right up front. You have built a system, built an infrastructure, an eco system that is perfect for, as you say, a crisis that went from health to economic to psychological every single line of yours is doing so well. Walk us through how this could be the case. Well, jim, youre exactly right. I mean, that is the progression of the crisis. As a result of that, you know, our products and services couldnt be more important and more relevant. You know, there are three big shifts going on right now. Youve got the world moving from physical to digital. You know, half a year ago we were saying we had too many screens in our life, too much technology, and now you just need more and more technology, as everything from education to entertainment to medicine is moving more and more digital and then you also have the face of retail, fundamentally changing in a discontinuous manner right now, and moving more and more to online kind of ecommerce, really accelerating two to five years from the secular trend it was already on. Then you had the rise of Digital Payments in general. And so all three of those things are very large tail winds and were fortunate to have scale and scope to take advantage of those. I remember there was a time when id look at the numbers id say, boy, i hope he does 3 to 5 million new clients this quarter. 7. 4 million in one month, in just one month yeah. It was an amazing month for us but, jim, i think and we said were going to do 15 to 20 million for the quarter. I think were well on track for that but i think whats even more impressive, believe it or not, than those net new actives is the engagement our base, which is now 325 Million People on our platform, that average daily usage across our entire base is up well over 20 . And the new cohorts of users coming on are 30 more engaged than previous cohorts. Its just really people are embracing Digital Payments and i think that is going to continue on and as you know and you mentioned in your up front, move from online also to in store as well, as people want Contactless Payments you have continued to understand the younger entrepreneur and a younger individuals mindset. My kids are addicted to honey, a way to save money that shows me the children of the depression era, the recession my executive producers husband saved, i think maybe thats too aggressive a word by coming from paypal ahead of how his business was doing saying you got forbearance. We dont want to hurt your company. These are things that normally are, lets say, too etherial for a c. E. O. To see. Youre building lifetime value customers from day one, arent you . Yeah, thats what the goal is, jim. The goal is to increase our scale, but very importantly to have paypal and vinmo become everyday apps, to be able to do more and more of your Financial Life on that app honey is a great example honeys mission and the reason we bought that company is their mission was to make money fair and what that really meant is how do you help different populations all of us are stuttgarti struggling there was a crisis before the crisis 185 million adults in the u. S. Struggle to make ends meet at the end of the month and honey basically helps you to find the best price for the goods and services youre interested in. And so it not only helps consumers, jim, but it helps merchants to sell more to those consumers. And to give you an idea of how much that Value Proposition is catching on, the recent net new actives into honey are up 180 over where they were precoronavirus. Thats incredible at the same time, i know you talk about 100 trillion total adjustment market which means theres room for a lot of companies. But apple pay, when i look at it i think to myself, does dan have to pick a legal fight . Because apple, i would say in many ways, blocks paypal i dont know if thats fair, whether its like microsoft 1999 or is it just room for everyone or is there technology you have, the qr code, that maybe makes it so its all fair in love and war . Yeah, id say first of all our relationship with apple is, in general, a pretty Good Relationship obviously we compete in some places, but were very close partners in a lot of other places when it comes to in store, one of the really nice things about qr codes as opposed to whats called nfc or Near Field Communication technology where you tap your phone on a register, is that qr codes are agnostic across a mobile device, across operating system. And all 325 Million People who are currently on the paypal platform have access to qr codes. Weve rolled that out now in 28 countries around the world, and its really very simple and easy and our merchants are crying out for this and consumers are as well, because merchants want to make sure that when consumers come back into theirstores, that their cashiers can be safe and healthy. Theyre putting up plexiglass at check out. They dont want and nobody wants to be handling cash any more they dont want to be touching a key pad to sign. And so we need forms of Contactless Payments qr codes are so easy for Small Businesses to use. They dont even need to integrate it into point of sale. They can printout a qr code, put it on their cash register, and we can scan it within the vinmo or the paypal app, put in the amount for the purchase, and just send it like a person to person payment, a person to merchant payment these are simple, easy were also integrating with point of sale systems, so the point of sale can scan the qr code into your paypal or vinmo app as well. And this is a way of moving to what really is a rapidly accelerating trend towards full channel retail, where online and offline are merging together really, paypal has a platform that is incredibly well suited for that you get the blurring. One last thing when i did mention that your company had helped a young entrepreneur, and i want to go back to that ive known you for too long. Youre too humble to say it. I believe that dan shulman has instructed his company, when they see someone who could be in trouble, short term because of covid, extend them from credit give them forbearance. I believe dan schulman gave that directive to the company is it true it is true, jim were going to spend at least 150 million helping our customers in terms of forbearance on loans, waiving fees, helping on refunds and exchanges. This is a time where financially strong Companies Like paypal need to step up and help our customers, Small Businesses, consumers. We need to not only provide the services that they need, which as i mention are more important than ever, but we also have to have a degree of empathy and support for them and i believe that the costs associated with that will be far outweighed by the good will and the benefits that come from that over the medium to long term and its the right thing to do its the right thing to do. Dan schulman, president and c. E. O. Of paypal theres a reason stocks go up besides the numbers. There is an ethos, there is a belief and a philosophy. Dan shulman has all those that are right. Mad money is back after the break. I am totally blind. And non24 can make me show up too early. Or too late. Or make me feel like im not really there. Talk to your doctor, and call 8442342424. Im catching a ton of flack on twitter nor failing to fully embrace the awakening america rally which is heading to its fourth day before the pull back wrecked the trade. After the incredible move its a mistake to go all in on the recovery strokz that thrive in a recovering economy dont be wrong, there is definitively a place in your portfolio for the awaken america names. But this is a time of tremendous uncertainty, so you also want some highquality recession proof names because the recession is here and its real and it is not going away which brings me to, well, got a couple here. A barbell. Im going to show you in a second what this is. I like a strategy that gives you some winners, if the minor recovery times, but gives you terrific games if im right about the recession. What makes me so adamant the economy is in bad shape . Its simple. You canned hand wave away jobs its no longer the buyers. Its the spectre of mass unemployment the government either needs to go all new deal and create jobs or subsidize wages for employers like theyre doing in europe on a scale thats much bigger than the Paycheck Protection Program as much as i like that program still, i recognize that there are days when euphoria reigns. You dont want to get like the last couple days, otherwise you feel like an idiot but you cant go all in with the recovery stocks. The barbell prevents you from taking johnny come lately actions that always plague traders who are bent on buying high and trying to sell higher, a very risky situation so this is what were doing for my charitable trust, which you can follow along by joining the actionalerts. Com club. We have some banks and some entertainment, some retailers and restaurants. Those stocks on this side, they do roar when the economy recovers but you dont need cruise lines, airlines or deep cyclicals because they need a much stronger recovery than i think can happen that makes one side of the barbell much lighter than the other as more and more heavily weighted in the recession stocks but you have to have something to world view out six months heres the hard fought lesson ive learned in the past 41 years of biegz and selling stocks the group of stocks that occasionally gets played even as theyre never the markets light motif. When stocks have been terrific shorts, fall too far too fast, hey like we see with the cruise lines, industrials lots of smart Money Managers buy those stocks so they can ring the register, change out short positions when they were much higher short sellers need to buy back the stocks that sold at higher levels to take profits i think that buying coupled with definite value hunters on friday created a forefor the stocks thats day one on day two the chase is on they become the flavor of the moment in this case the recession stocks get sold and sold hard. The third day, rabbit gains chasers cant resist the third day yesterday is where you do the most damage to yourself because by day four the whole trade tends to fizzle. Today was day four recovery stocks, they got pummelled. Ive seen this pattern repeated hundreds of times in my career thats why you have to resist the urge to chase these newly hot cyclicals because after the move fizzles, then the major cord reasserts itself. The recession stocks start winning again, which is why they make up the heavier part of the barbell. Thats the pattern you can try to go against it, but as we saw this afternoon, pretty bad call. Resist the urge to fight the pattern. Its usually a bad way to try to make money there is much more mad money ahead including my sitdown with salesforce fresh off its report. How an under the radar player is helping in the fight against covid19 dont miss my exclusive with zebra and all your calls rapid fire in tonights edition of the lightning round. And heres a sneak peek at what my friend scott wapner has coming up on markets in turmoil at 7 00 p. M. On cnbc. Stay with cramer announcer tonight at 7 00 p. M. , what could College Campuses look like this fall one expert shares his blueprints plus, may is typically one of the busiest months for moving. What one company is seeing now and what it means for the recovery all tonight at 7 00 p. M. With scott wapner at cdw we get you want happy, productive employees. Well weve made our office pet friendly. [ bleat ] [ cooing ] maybe a little too pet friendly. Well you know cdw can design a Mobility Solution with light powerful devices from lenovo to make your people more productive in or out of the office. Anyone have any questions before we go . Thats great cause i really need to get out of here. Snake people are freaking me out. Hey sheryl, you have a sec . Nuh, uh. For work place productivity you need lenovo, and it orchestration by cdw. People who get it. What the heck just happened to the stock of salesforce cramer favor closed, while the headline numbers were excellent, strong top and bottom line beat for the quarter, company did what i regard as conservative guidance got slammed tonight after hours trading. Not only was the forecast for the Current Quarter a little weaker than expected imagine they cut their full year forecast for sales and earning and that matters looking for 21 billion in revenue now its only 20 billion. I know thats only, but its a billion less what do we make of the numbers salesforce has been one of the biggest winners for the stayathome economy the stock could have a lot more upside here. But if there is a real problem that changes things even as the big contract wins continue to amaze and allay mark benioff has to make for his staff, covid19 is immense and by no means done the straight shooting founder and chairman c. E. O. Of salesforce, mr. Benioff, welcome back to mad money. Thanks for having me again, jim. Im always thrilled to be here mark, you had some big wins lets talk about them first. The biggest one ive seen in a long time is at t. Why did they select salesforce well, jim, i am so excited about at t and what theyre doing with our customer 365 department ive been down to dallas now several times myself working with jeff. Hes an incredible visionary, the c. E. O. Of at t wireless. And its very simple, jim. You know, at t has many customer touch points the customer home, the call center, the retail store, im sure youve been in it messaging, the phone itself, and when you go to any one of these customer touch points, theyre going to know who you are through our Single Source of truth. This is a transformational opportunity for at t wireless. Its one of the most significant and it will be one of the largest transactions weve ever done im absolutely delighted talk about, please, work. Com because im not sure necessarily figured into this quarter, but its how people are awakening their companies. And i know last night, of course, from workday it is incredibly popular well, im thrilled about the relationship with workday and work. Com, and, of course, pwc and ibm and accenture and many others have all joined work. Com. Its time for us to start reopening safely, and to do that that means were going to need Information Technology we dont have a vaccine yet, jim. You know that. But we can use Information Technology to mitigate the virus. Theres probably four other things we can do we can wear masks. We can do social distancing. We can wash our hands. We can do tracing and testing. And tracing and testing, thats what work. Com is in fact, for the state of rhode island, theyre using work. Com to do all of their contact tracing. As are so many other states now in the United States, including california, massachusetts, tension, a texas, and 35 others, and Many Companies as well. We obviously still have to deal with the four walls of the spreadsheet here, and youre committed to making as much money as possible, and giving away the company does give money away, too. Obviously this quarter was a beat and thats been very difficult to do because a lot of people were struggling this quarter. Im trying to figure out, people are saying, listen, its a big guy, youre supposed to make 75 cents next quarter the operating cash flow is not what people wanted this quarter. It was a miss from what people were looking for, 1. 5 bil versus 1. 8. How do we reconcile the big wins with what youre forecasting which seems lighter than what i expected from you . Well, jim, this has been such a challenging quarter because just look at from our last quarter when we spoke, there were 15 coronavirus cases in the country of the United States today here we are and the reason why i chose new york is because my heart has been with the people of new york for this entire quarter, now with 20,000 deaths in the city so i have been thinking a lot about how do we help those in need and ill tell you, one of the things we did in the quarter was buy 60 million pieces of p. P. E. And distribute that. I didnt know that, jim, when i was on the call with you 90 days ago, i also was not on or even aware of that we do 11,000 implementations, emergency implementations of salesforce free for salesforce air program. I would not have thought i would have done a Commission Program for my workers and giving them the ability to work out of their home those three things, jim, started a way on the financials for the quarter as well as other things as well, including that, you know, look at our customers have been in very significant distress with the Global Pandemic with all of their employees in their homes so i am actually incredibly optimistic and encouraged because my belief very strongly is that if you can navigate through the last 90 days, you can navigate through anything. And this was a quarter of trust. This was where we had our values on our sleeve. Well, is it possible, though, i mean, there have been some industries you have just dominated. Were talking about retail, some travel and you know that there was no way in your salesforce could close any of those deals this quarter. Just not going to happen i was amazed that you closed Standard Bank which is the largest lender in africa i dont know how you closed that must have been done by zoom. Is it possible that may could be a pickup just because youre able to get more deals done . Jim, our pipelines look actually amazing for q2 and q3 im hugely surprised and also i am hugely encouraged by the amount of bookings that we actually accomplished in the first quarter. It was incredible. So when you look at these numbers that were able to deliver, not just our top line growth, 31 for the quarter, not just where were going for the year, where we still feel were going to deliver more than a 20 billion year, which is very appropriate guidance based on the Global Pandemic that were going through. I am very optimistic about the company and i have a lot of confidence about our ability to continue to execute with excellence still taking share, we have oracle, microsoft, adobe, all rivals to you. I know that tomorrows paper may show me a chart similar to what were looking at, which shows that the share gains continue. Well, you can see the dramatic share gain that weve had because were still the number one crm provider in the world and we added more market share last year than our top 13 competitors combined thats really because were singularly focused on one thing, jim, which is and you can see it really in the at t wib. Were focused on making sure our customers can connect with their customers in a whole new way, across every critical customer touch point. Just to go back to at t for a second, no one else can come in and say were going to help them with their field service, their instore service, their ecommerce service, their call center, their messaging and their devices, all integrated in a cross sell up sell environment integrated for the customer. Were the only one that can deliver that full customer 360 cant resist, mark. Want to ask president now executive order on social media. Youve had strong views about facebook and whether they should be regulated, where they are allowed to print anything they want there seems to be a dovetail between what the president wants to do and you have on some lines in thinking that maybe, look, youre either the New York Times and you have to have both sides, or you shouldnt be where do you come out on this . Well, jim, you can see that this is very much all about these platforms and how theyre regulated. And ive said this before, but we need to go back and look at section 230. We need to go back and look at how these laws are laid out. You know i own Time Magazine im held account aable for what on my platform as are you. I evaluate how all these organizations are regulated. Well, i think you and i talked a long time about this. As a journalist i always thought thats the way its supposed to be theres always new thoughts, lets put it that way. Congratulations on the near term i know you have to defend the long term. The long term has been as it is since we met many, many years ago. Thanks very much mark benioff. Chairman and c. E. O. Of sales force crm. Stay with cramer i love these fries. You know, the chef here trained in france. Mmm, it shows so good. Oh hey, did you say you needed help with investing . Because i know someone whos really great. And you trust him . Totally. Yeah. We went to school together. Ill check him out on investor. Gov. So, whatll it be . Ill just have the burger. Before you invest, get the full report. Check out an investment professionals background for free on investor. Gov. Before you invest, investor. Gov. Announcer lightning round is sponsored by Td Ameritrade it is time its time for the lightning round. Rapid fire calls buy, buy, buy sell, sell, sell. [ buzzer ] and then the lightning round is over. Are you ready, ski daddy time for the lightning round start with anthony in california anthony caller good evening, jim, booyah booyah. Caller my question is in with respect to thegeneric dru makers is anybody like teva no, its a generic drug maker. Those stocks are pretty awful when we have such fabulous Companies Like a merck, like a pfizer, like a Bristol Myers lets go to terry in North Carolina terry. Caller jimmy chill id be suffering after a couple days of rough trading whats going on . Caller a wild ride and recent low, big insider buys at 14 then again at 9, they put their money where their mouth is, what do you think of this guy has always impressed me as a straight shooter we need him on we have to say why and shouldnt it the stock is plummeting it it was at 21 when he was on last joseph in california joseph caller hi, jim, thanks for taking my call my pleasure caller i really like my tommy bahama shirts. Looking at Oxford Industries its been around, its hanging in here. If you like apparel, you have to buy vvh. I dont care for it. Ray in maryland. Ray. Caller jimmy chill whats up caller im a 19yearold investor and i wanted your thoughts on amgen, amgn. I like amgen a lot. It moved up here without me. Feel bad about that, but i think it is 57 got a lot of good a new oncological franchise i like it makes aimovig lets go to dave in florida. Dave caller hey, jim, i have a stock in the recent march search, looking for opportunities again. Intel has such a reasonable p. E. 121 is there a good reason to invest in that no, not right now because amd has chips that are smoking hot that have come out take some shares from intel so were going to be a buyer of amd. I need barron in florida barron caller booyah, barron booyah calling from palm beach, florida. Jim cramer, i took everything i have and bought 31,000 shares of ge when it was trading at 558. By december of 2021, will i be a millionaire interesting, interesting analysis like Warren Buffett wheres becky . I need beckys help here look, ge, it did a round trip on there. When that happens, you should take half off. I think i think its a fantastic job against tremendous circumstances. I think youll do okay, but i dont call that the word diversification does not come to mind with that strategy. Lets go to louis in new jersey louis. Caller hi, jim louis caller want to thank you for your really consistently great shows. Oh, thank you, buddy, thank you. Thats because of regina gilgin, my conscience, the angel on the left shoulder. Whats up . Caller its a crazy market in this troubled times totally caller it calls for a Legal Defense like a stock that has a 3. 7 yield and ten times earnings and goes to 20 and change today so i would like your opinion on symbol sptn, spartan nash. First time its been asked about. I like it more than air mark sorry philadelphia zone. It hasnt come down something must be going on there everybody else in that business is getting crushed [ buzzer ] i think you have a good one. We need randy in texas, please randy. Caller how are you doing, jim . Thanks for taking my call. My pleasure caller first time caller just recently watching your show i bought shares at 28 in february now its at 53. Yeah, i think it may be time to do a little register ringing because its a true its a pastiche i want you to sell tomorrow morning. And that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] announcer the lightning round is sponsored by Td Ameritrade most of the covid19 winners have cooled over the last couple days, but not all of them. A handful have been able to keep roaring. Zebra technologies is a leader in the Technology Asset space. It sounds confusing. Were going to get to it it creates end to end products to help. We had andrew on the show. A different story about how zebra, an ecommerce machine when the whole world was going digital. The stock was trading at 178 i hope you listened. Today it was 257 it made a new alltime high intraday 263 we know zebra is in good shape it reported better a quarter ago solid guidance to find out if the strength is sustainable, lets talk to the c. E. O. To find out welcome back to mad money. Thank you glad to be back. When i think of your company, sir, i think of a bar code company and scanning i am now seeing things whether it be the post office contract, whether it be the 40,000 unit retail contracts, perhaps most importantly, what youre doing with covid19, temporary hospitals, drivethru testing. We cant do these things without zebra. Lets talk about that last, about what youre doing with covid19 both here and the United Kingdom yes we have been very active with helping to set up popup hospitals, drivethru Test Facilities to support the patient admissions, the whole process of bedside care, as well as tracking specimens for testing all way from drawing blood in the vial to deliver test results back to the patients this is three, correct, sir we reduce error rates very, very substantially we can make it im not sure mistake free quite right, but close to it. Okay. Now to win a 40,000 unit i dont know if this is one of the Worlds Largest mass merchants, 40,000 printers, what that tells me is you are integrally involved with the omni channel its no longer the front of the store back to the store, you need to do far more than that. Its hard to keep track of inventory and you need zebra that was a big contract for us and were very pleased with that that was to be used for omni channel or buy online, pick up in store or pick up curbside if you think of that process, today you tend to walk in yourself and physically walk up and down the aisles and put all your goods in the basket and go to the cashier for the check out. In the buy online and pick up in store scenario, you have to identify the right person to pick the merchandise for you that person has to download a Shopping List to get a way finder application to help them through the store and scan each of the items as they put them in the basket and lastly, do a mobile point of sale check out and put it in a bag which can be labeled this bag is for jim, not for anders so it goes to the right person there are issues your franchise is so strong, you were able to overcome something that was rather remarkable. Some supply chain issues, whether it be the shutdown in china or the actual movement, because you were doing more diverse sourcing, the movement to malaysia and to vietnam yet it didnt really interrupt your earnings. How were you able to move around all these parts . Well, we have a very strong supply chain team. And i think they worked wonders to be able to navigate the whole coronavirus situation as well as all the tariff issues earlier. For us, the coronavirus situation started off as a supply issue and we were somewhat late in getting some of the products to the u. S. And europe or in the quarter so we had some higher expedited charges for that we were able to navigate it i think as well as we could have hoped. Can we expect that as zebra, lets say, transitions out of china, if the president decides to really take this trade war to another level, zebra will not be hurt by it yes, from a supply perspective, we will have by the end of this quarter largely, we will have enough capacity to satisfy the u. S. Demands half of our capacity will be outside of china at that point so from a supply perspective, we shouldnt see much of an impact, if any from a demand perspective, china is a relatively modest part of our overall business, 5 we are over index to manufacturing there, so if there were to be further tension, would you expect maybe those manufacturers would move and i would expect we would move with them. We will be able to replicate the lines they have set up outside of china where ever that may be, so we should be able to retain that business. That way the tariffs are somewhat onerous for you if you move to vietnam and malaysia, the tariffs go away for that business and your earnings increase. Yes tariffs have been quite substantial for us and q1 was what we expected to be the heaviest load of tariffs, minimized in q2 and largely behind us in q3. I want to congratulate you on picking up 80 points since we saw you last, which was not that long ago c. E. O. Of Zebra Technologies always good to see you, sir. Thank you. Thank you thank you so much. Alltime high, zbra, why not . Its in the middle of everything having to do with commerce stay with cramer its only human to find inspiration in nature. And also find answers. Our search to transform. Farm waste into renewable natural gas led chevron to partner with california bioenergy. Working to provide an alternative source of power. For a cleaner way forward. Truly transformative sleep. So, no more tossing and turning. Because only tempurpedic adapts and responds to your body. So you get deep, uninterrupted sleep. During the tempurpedic summer of sleep, all tempurpedic mattresses are on sale durinsnhu lets you transfer summeup to 90 credits [announcer] if youve tried college but never finished, toward your bachelors degree. [woman] it doesnt matter how old you are, you can do it. You can finish. [announcer] finish your degree at snhu. Edu. I always like to say theres a bull market somewhere and i promise to find it for you here on mad money. Im jim cramer see you tomorrow markets in turmoil at 7 00 eastern. Watch or listen live on the cnbc app. Good evening, im scott wapner on day 151 of the Coronavirus Crisis breaking news tonight, one big state says fans can attend sporting events and two major u. S. Cities take big steps towards reopening starting june 1st Botanical Gardens can open. Announcer two of the biggest cities making a plan to reopen. In brooklyn 40 wearing masks. Announcer

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